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Northern Rock says house prices in North continue to rise

House prices in the north of England increased by 0.7 per cent in the last quarter according to Northern Rock Building Society.


The survey of ten property types in ten areas found that the average price of a home in the region is now £57,300, representing a rise of £400 over the quarter and £2,050 over the year.


Regionally there were more increases than decreases in all ten areas.


North Yorkshire saw the highest quarterly rise increasing 1.7 per cent to £61,450. South Tyneside has risen by 7 per cent in the last year to £62,000, almost double the average regional increase of 3.7 per cent.

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